Fintech firms moving in 2018: The disruptive power of the fintech firms coupled with the opportunities they provide is compelling the large tech firms to invest in such ventures. The behemoths that are participating in the Fintech start-ups are: IBM HP DELL Microsoft Accenture Globally, there are 1362 fintech companies located...
The FinTech Effect on the Overseas Money Transfer Industry: Sending money from one country to a different was not particularly easy until the turn of the last century, when individuals needed to choose from banks and a few high-street forex brokers. The arrival of numerous FinTech companies within this...
Consentium Looks To Monetize Cryptocurrency Transfers. Consentium, the first multi-digital currency and group monetization chat application for Asia, was released to the public Jan. 25. The $10 million in funding raised from a private ICO sale will be used to expand to other Asian markets – China, Singapore, South Korea...
IA aims to enhance technology adoption in the asset management by declaring to inaugurate VeloCity: The Investment Association (IA) has announced that it will be opening a Fintech accelerator by the name of VeloCity. This is an asset management industry’s bid to rapidly adopt innovative technologies. In this regard the association...
All of the interest in financial services at the moment has gone to the newest kids on the block: cryptocurrencies. With bitcoin now eclipsing $15,000 and Coinbase adding over 300,000 users in one week alone, it’s easy to understand why. While cryptocurrencies stole the spotlight, a clutch of companies were...
A mobile app formed by Fintech named Pockitap; has the ability to convert change into a digital type for currency. It was founded by Matt Panzo and Steve Shamrock in the year 2016, to eliminate carrying loose change in your pockets. Co-founder Christian Chicles have a lot of experience...
Financial experts said instead of being competitors credit unions and fintech should collaborate together to gain more success business. The experts said while it is correct to think that fintech can pose a threat to traditional financial institutions, this situation is also the right time to forward-thinking organizations. The experts explained...
BMO customers all over the world has reasons to smile these days. This developed after BMO has recently collaborated with two tech startups to roll out chatbot service assistants for Facebook Messenger and Twitter. Sources said BMO Bolt, which is fully integrated into the bank's Facebook Messenger service will reportedly respond...
Joint Agreement Could Improve and Lead To More FinTech-Related Enterprises: A joint agreement by the Indian state of Maharashtra government and Singapore’s main bank – the Monetary Authority of Singapore – will lead to possible FinTech enterprises in various areas such as blockchain technology. The pact includes a Memorandum of Understanding...
The Change Fintech Is Bringing In Banking:  The world has gone fast in previous years. Time is precious these days and in the world of business, if you are not keeping yourself busy on the right spot, you aren’t on the path to success. Yesterday – Today and Tomorrow The world has...